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College and University Discussion
Reply to "Is any undergrad college/university worth $55,000+?"
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[quote=Anonymous] Not that this is much better, but let's remember few if any schools have tuition at $55,000 -- Tuition, room, board, books, misc. sure, but I think the most expensive ivies have tuitions still in the mid-40s. The kid is going to need room and board everywhere -- I suppose living at home incurs not much more room cost, but still food and higher utilities (water bills, etc.). So the question is really is any school worth tuition of say 45,000 or even 48,000 or so. But then you ask compared to what? Compared to 100% free ride at a good school? I think most of us would say of course not. But say compared to paying tuition of half that amount (24,000), then what? The real question in that case is any school worth say $24,000 per year more than the next best alternative? The gap may be a bit larger if one is comparing to in-state tuition. Looked at this way, the difference in tuition at the college level is probably much smaller than the difference at the high school level if you send your child to an independent DC area school for $30-35,000 per year vs. a free high school education in public school (and assume you can move to MoCo or Fairfax county too if you don't think the DC schools are a good comparison). Of course, it also matters a great deal why a student is going to college. If you are going to be a teacher, nurse, social worker, PT, etc. then the case for the higher priced school is harder to make. If you want to be a college professor, scholar, etc. you may get a different answer. And there is the issue of the experience itself. If you want to be around lots of "regular" kids, go to lots of school sporting events, etc. you may get a different answer than if you crave an environment where many (not all) students have a deep genuine intellectual curiosity and view college as a once in a lifetime chance to deeply study all sorts of things -- at least before retirement. Having just gone through the college app process, I have little doubt that there are significant differences in the vides of some campuses compared to others. And if there is a something of a brand name reputation tailwind some of these pricey schools offer, there is no shame in also riding that wave. I went to a large state school -- had a pretty good experience and was happy, -- but now see how much more was possible that I missed. So is any college worth these high tuitions? It depends. [/quote]
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